Sutherland snaps up SuperGroup shares

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FORMER Co-operative Group chief executive – and current SuperGroup boss – Euan Sutherland (insert) yesterday announced he was buying just over £99,000 worth of shares in the Superdry owner at 980.50p a share. He now holds 11,613 shares. Analysts have enthused about the clothes retailer. Analysts at RBC Capital upgraded shares of SuperGroup to a “sector perform” rating and set a 1,000p price target, while Investec has reiterated a “buy” rating and set a 1,030p target price.